2025-11-10T08:38:58-05:00 2024-12-31 Foundation Source 3333 New Hyde Park Rd Ste 406 New Hyde Park NY 11042 990PF 2024-01-01 383667071 The Elizabeth R & William J Patterson Foundation % Foundation Source ELIZ 8008391754 PO Box 1072 Ross CA 94957 Elizabeth Patterson President 8008391754 2025-11-04 true true Jeffrey D Haskell P01345770 8008391754 2024 2025-03-06 01:10:19Z X 93997455 X 3200000 148445 148445 541969 541969 2583286 4063759 2583286 449473 449473 6923173 3723173 0 134896 134896 16561 16561 73475 0 0 73475 308684 308684 14100 878 878 4181 4181 189 189 208050 118610 89424 761014 427294 0 319604 6726988 6726988 7488002 427294 0 7046592 -564829 3295879 0 6357584 4652985 4652985 559569 297725 559569 559569 12668120 12746493 11616522 30270911 31070464 77168379 49594340 49029511 93997455 0 0 X 49594340 49029511 49594340 49029511 49594340 49029511 49594340 -564829 49029511 49029511 Publicly-traded Securities 3054997 3450580 -395583 -395583 Passthrough K1 Capital Gain/(Loss) 292079 INHERENT ESG OPPORTUNITY OFFSHORE FEEDER LTD SER A P 2024-01-02 2024-05-01 140919 146154 -5235 -5235 INHERENT ESG OPPORTUNITY OFFSHORE FEEDER LTD SER A P 2024-01-02 2024-07-01 211735 232909 -21174 -21174 INHERENT ESG OPPORTUNITY OFFSHORE FEEDER LTD SER A P 2024-01-02 2024-10-01 151239 176975 -25736 -25736 INHERENT ESG OPPORTUNITY OFFSHORE FEEDER LTD SER B P 2024-01-02 2024-05-01 141264 146037 -4773 -4773 INHERENT ESG OPPORTUNITY OFFSHORE FEEDER LTD SER B P 2024-01-02 2024-07-01 212103 232557 -20454 -20454 INHERENT ESG OPPORTUNITY OFFSHORE FEEDER LTD SER B P 2024-01-02 2024-10-01 151502 176707 -25205 -25205 DISTRIB IN EXCESS OF BASIS 2789367 2583286 45813 45813 45813 24222 0 34900 59122 X 0 13309 13309 false false false false false false false true true CA true false false false false true Foundation Source 8008391754 501 Silverside Road Suite 123 Wilmington DE 198091377 false false false false true false false false false false false false false false false false false false false false false false Eleanor Patterson Clifford PO Box 1072 Ross CA 94957 Dir 1.0 0 0 0 Elizabeth R Patterson PO Box 1072 Ross CA 94957 Pres, Dir, Treas 10.0 0 0 0 William R Patterson PO Box 1072 Ross CA 94957 Sec, Dir 1.0 0 0 0 MS HEATHER BLACKIE PO BOX 228 PEMBROKE ME 04666 FOUNDATION PERSON 28.0 134896 6242 Hall Capital Partners LLC One Maritime Plaza 6th Floor San Francisco CA 94111 Investment Mgmt 307570 Foundation Source 55 Walls Drive Suite 302 Fairfield CT 06824 Administrative 84525 12497543 3100984 77708590 93307117 0 93307117 1399607 91907510 4595376 4595376 45813 45813 4549563 4549563 4549563 7046592 0 0 0 0 7046592 4549563 2905376 2137189 4311763 2493801 1956156 13804285 7046592 4549563 2497029 16301314 0 2905376 13395938 2137189 4311763 2493801 1956156 2497029 Elizabeth R Patterson X ACCOUNTABILITY COUNSEL 244 KEARNY ST FL 6 SAN FRANCISCO CA 94108 N/A PC General & Unrestricted 150000 ADVENTURERS AND SCIENTISTS FOR CONSERVATION 214 E MENDENHALL ST STE 203 BOZEMAN MT 59715 N/A PC Adventure Scientists Project Seed Fund 300000 CALIFORNIA ASSOC OF RESOURCE CONSERVATION DISTRICT 1017 L ST 556 SACRAMENTO CA 95814 N/A PC Accelerating Climate Action in California: Scaling carbon SEQUESTRATION AND CLIMATE RESILIENCE ON WORKING LANDS 300000 CARBON CYCLE INSTITUTE 245 KENTUCKY ST PETALUMA CA 94952 N/A PC Accelerating Climate Action in California: Scaling Carbon Sequestration and Climate Resilience on Working Lands 300000 CAREMESSAGE PO BOX 7307 SAN FRANCISCO CA 94120 N/A PC SUPPORTING CAREMESSAGE'S EFFORTS TO ACHIEVE SELF-SUSTAINABILITY 100000 CENTER ON RURAL INNOVATION INC 2 QUECHEE RD HARTLAND VT 05048 N/A PC General & Unrestricted 100000 DAILY ACTS ORGANIZATION PO BOX 293 PETALUMA CA 94953 N/A PC Build water and climate resilient communities through three connected strategies: implementing practical, holistic landscape solutions; influencing climate and water policy; and spreading Daily Acts' message, model and approach to more communities 200000 EXTRAFOOD ORG 907 SIR FRANCIS DRAKE BLVD KENTFIELD CA 94904 N/A PC General & Unrestricted 75000 FIRST LOOK INSTITUTE INC PO BOX 27442 WASHINGTON DC 20038 N/A PC General & Unrestricted 15 FIRST NATIONS DEVELOPMENT INSTITUTE 2432 MAIN ST FLOOR 2 LONGMONT CO 80501 N/A PC California Tribal Fund 175206 FOODCORPS INC 1140 SE 7TH AVE STE 110 PORTLAND OR 97214 N/A PC Connecting Kids to the Joy and Power of Food 100000 FOUNDATION FOR NATIONAL PROGRESS 222 SUTTER ST STE 600 SAN FRANCISCO CA 94108 N/A PC General & Unrestricted 250000 KITCHEN TABLE ADVISORS 2150 ALLSTON WAY STE 320 BERKELEY CA 94704 N/A PC Kitchen Table Advisors: Investing in the Next Generation of Regenerative Farms & Ranches 250000 MAD AGRICULTURE 728 PEARL ST BOULDER CO 80302 N/A PC LAUNCHING AND ESTABLISHING THE REGENERATIVE CATALYST FUND (RCF) 200000 OCCIDENTAL ARTS AND ECOLOGY CENTER 15290 COLEMAN VALLEY RD OCCIDENTAL CA 95465 N/A PC Beaver Coexistence and Restoration in California 125000 PBS FOUNDATION 1225 S CLARK ST ARLINGTON VA 22202 N/A SO I PBS Climate Initiative 1000000 PEER HEALTH EXCHANGE INC 1423 BROADWAY 1059 OAKLAND CA 94612 N/A PC PEER HEALTH EXCHANGE: BUILDING HEALTHIER COMMUNITIES WITH YOUNG PEOPLE 166667 POINT BLUE CONSERVATION SCIENCE 3820 CYPRESS DR STE 11 PETALUMA CA 94954 N/A PC Unlocking Point Blue's Public/Private Partnerships to Dramatically Increase Conservation Impact 400000 PROTECT OUR WINTERS 1919 14TH ST STE 700 BOULDER CO 80302 N/A PC General & Unrestricted 25000 REAL ORGANIC PROJECT INC 82 WILSON RD EAST THETFORD VT 05043 N/A PC General & Unrestricted 100 SUMMER SEARCH 304 12TH ST STE 4A OAKLAND CA 94607 N/A PC Summer Search No Ceilings Campaign 1000000 SUSTAINABLE CONSERVATION 98 BATTERY ST STE 302 SAN FRANCISCO CA 94111 N/A PC Stewarding Soils and Watersheds Toward Water Resilience 500000 SUSTAINABLE ORGANIC INTEGRATED LIVELIHOODS PO BOX 395 MOUNT PLEASANT TX 75456 N/A PC EkoLakay: A Global Model for Safely Managed Sanitation in Fragile States 200000 THE CLIMATE CENTER 1275 4TH ST 191 SANTA ROSA CA 95404 N/A PC Accelerating Climate Action in California: Scaling Up Natural Sequestration on Working Lands 300000 THE DRAPER RICHARDS KAPLAN FOUNDATION 1600 EL CAMINO REAL STE 155 MENLO PARK CA 94025 N/A PC Draper Richards Kaplan Foundation Fund IV 500000 WILD FARM ALLIANCE 980 CARR AVE AROMAS CA 95004 N/A PC General Support 10000 6726988 14 148445 14 541969 18 2583286 K-1 Inc/Loss 14 65427 INTEREST INCOME FROM NOTE RECEIVABLE 14 6793 INCOME FROM PFIC 14 377253 3723173 3723173 false false false false false false false false false false X X 1 Patterson Elizabeth R PO Box 1072 Ross CA 94957 3200000 X Audit Fees 73475 73475 Form 926 Form 926 THE FOUNDATION HAS PREPARED THIS FORM TO THE BEST OF ITS ABILITY BASED ON THE LIMITED INFORMATION PROVIDED TO IT BY THE INVESTMENT ON WHICH THE FOUNDATION IS REPORTING AND ON THE BASIS OF HAVING RECEIVED NO INFORMATION TO THE CONTRARY. ANY MISSING OR INCOMPLETE INFORMATION IS DUE TO THE FOUNDATION'S INABILITY TO OBTAIN SUCH INFORMATION AND IS NOT A WILLFUL ATTEMPT TO WITHHOLD SUCH INFORMATION. DODGE & COX INCOME FUND 5680962 5298126 TIAA-CREF CORE IMPACT BOND FUN 7065531 6318396 ACACIA CONSERVATION FUND (OFFS 14784852 ASIA ENVIRONMENTAL PARTNERS II 718276 616295 BIL, LTD 2249851 4255233 CORI INNOVATION FUND II, LP 131240 124300 FARALLON CAPITAL F5 INVESTORS 6729342 11993827 GALVANIZE INNOVATION & EXPANSI 842749 920166 GARDEN RIVER FORESTLANDS, LP 43290 69465 GENERATION IM GLOBAL EQUITY FU 4355556 20380303 GOLDENTREE MULTI-SECTOR CUSTOM 4916964 5358895 GOODFINCH FUND III, L.P 1638220 1533824 GOODFINCH FUND IV, LP 1495744 1600035 HEARTWOOD FORESTLAND REIT III, 10516 HUSTON TEXTILE COMPANY LLC 210000 INCLUSIVE CAPITAL PARTNERS SPR 726673 INHERENT ESG OPPORTUNITY OFFSH 118610 100204 INHERENT ESG OPPORTUNITY OFFSH 122340 103690 JUST CLIMATE CAF I (B) SCSP - 368324 280708 REACH II, L.P. 311816 790436 REACH III, L.P 318226 349047 REACH IV, LP 115114 116234 REBOUND TECHNOLOGIES SERIES A- 118712 118712 ROSE AFFORDABLE HOUSING PRESER 1474148 1111582 ROSE AFFORDABLE HOUSING PRESER 235129 202686 SLM PARTNERS INC 111698 112000 STEADFAST INTERNATIONAL LTD, C 405145 967990 STEADFAST INTERNATIONAL LTD, C 4000000 10080736 URTH ORGANIC CORPORATION 249970 249970 Administrative Fees 84525 84525 Cell Phone Expense 698 698 Digital Subscriptions 733 733 K-1 Exp CORI INNOVATION FUND I 8229 8229 K-1 Exp FARALLON CAPITAL F5 IN 1218 1218 K-1 Exp GALVANIZE INNOVATION & 67157 67141 K-1 Exp GARDEN RIVER FORESTLAN 569 569 K-1 Exp GOODFINCH FUND IV, LP 9098 9098 K-1 Exp REACH II, L.P. 7099 7099 K-1 Exp REACH III, L.P 11258 11258 K-1 Exp REACH IV, LP 13835 13835 K-1 Exp ROSE AFFORDABLE HOUSIN 163 163 Office Supplies 530 530 Payroll Processing Fees 2201 2201 Postage/Delivery Service 517 517 State or Local Filing Fees 220 220 K-1 Inc/Loss CORI INNOVATION FUND II, LP 1969 1969 K-1 Inc/Loss GALVANIZE INNOVATION & EXPANSION FND 617 617 K-1 Inc/Loss GARDEN RIVER FORESTLANDS, LP -2375 -2375 K-1 Inc/Loss GOODFINCH FUND III, L.P 4741 4741 K-1 Inc/Loss GOODFINCH FUND IV, LP 54776 54776 K-1 Inc/Loss REACH II, L.P. 457 457 K-1 Inc/Loss REACH III, L.P 535 535 K-1 Inc/Loss REACH IV, LP 290 290 K-1 Inc/Loss ROSE AFFORDABLE HOUSING PRESERVATION 1385 1385 K-1 Inc/Loss ROSE AFFORDABLE HOUSING PRESERVATION 3032 3032 Interest Income from Notes 6793 6793 Income from PFIC 377253 377253 CREAM CO LLC 250000 250000 2023-02 2025-05 INTEREST ANNUAL PRINCIPAL MATURITY 5. NONE INVESTMENT CASH 0 CASH 0 YUBA II FOREST RESILIENCE BOND LLC 103750 309569 2022-11 2027-11 DUE AT MATURITY 3. NONE INVESTMENT CASH 0 CASH 0 Investment Management Services 308684 308684 We respectfully request that The Elizabeth R. & William J. Patterson Foundation's quarterly estimated taxes for taxable year ending December 31, 2024 be treated as timely and request that the $603 penalty indicated on Form 2220 be abated because the underpayment in Q4 was due to reasonable cause. Treasury Regulations Sec 301.6651-1(c)(1) defines reasonable by asking whether the taxpayer exercised ordinary business care and prudence. The Foundation exercised care and prudence in seeking a reputable firm knowledgeable about exempt organizations to calculate its quarterly estimates for tax period ending December 31, 2024. The firm was unable to reconcile the Foundation's accounts fully in order to calculate the necessary estimated tax payment for Q4 based on the annualization method. The underpayment was no fault of the foundation's and the firm is enhancing its procedures to improve its reconciliation process for future quarters. We believe that the underpayment was due to reasonable cause and in no way due to an intentional disregard for the rules, and respectfully request that no 2220 penalty be assessed. 990-PF Estimated Tax for 2024 14100